Dangerous game? Football clubs look to mine fans’ cash with crypto offerings | Cryptocurrencies

When FC Barcelona took to the pitch for the 2021 Spanish Super Cup final, the trophy wasn’t the only prize at stake.Thousands of blaugrana fans were also keeping an eye on the market for FCB’s “fan token”, the club’s very own cryptocurrency. Socios, the web-based platform that pioneered fan tokens, had promised to “burn” 20,000 … Read more

Drone Racing League Launches Play-To-Earn Crypto Game On Algorand Blockchain

Drone Racing League Launches Play-To-Earn Crypto Game On Algorand Blockchain

The Drone Racing League custom drones, the Racer3, in action at Alexandra Palace for the Allianz … [+] World Championship. (Photo by Steven Paston/PA Images via Getty Images) PA Images via Getty Images Picture yourself playing Mario Kart’s Rainbow Road race using the traditional Nintendo console. But you’re not on your living room couch, you’re … Read more

Vulcan Forged Game Hacked, Crypto Assets Worth $140 Million Stolen

Vulcan Forged Game Hacked, Crypto Assets Worth $140 Million Stolen

Hacks targeting crypto-related platforms have risen exponentially in recent times. Recently, a crypto-gaming ecosystem called Vulcan Forged fell prey to a hack attack, losing $140 million (roughly Rs. 1,062 crore) worth of users’ crypto assets. Hackers reportedly accessed the keys of 96 wallets, stealing 23.7 percent of the project’s circulating supply of tokens. The gaming ecosystem … Read more

6 Coins Rise Up To 817% in a Day; Squid Game Becomes Top Gainer

6 Coins Rise Up To 817% in a Day; Squid Game Becomes Top Gainer

Squid Game crypto token, which saw a rollercoaster ride since it was launched, emerged as the top gainer in the global cryptocurrency market on November 6, Saturday. This came days after many investors complained that they have lost millions in the apparent scam, as they could not sell their tokens. Bitcoin, however, suffered losses and … Read more

Studio behind ‘early access’ crypto game Blankos Block Party banks monster $1.25B valuation from a16z – TechCrunch

Studio behind ‘early access’ crypto game Blankos Block Party banks monster $1.25B valuation from a16z – TechCrunch

A16z Crypto has been minting plenty of NFT unicorns this year. In July, they backed NFT marketplace OpenSea at a $1.5 billion valuation. They participated in a September raise for NBA Top Shot-maker Dapper Labs, which valued the company at a whopping $7.6 billion. Just last month, they backed the team behind play-to-earn crypto game … Read more

Squid Game crypto news: Squid Game is memecoin warning with wipeout after 230,000% gain

Squid Game crypto news: Squid Game is memecoin warning with wipeout after 230,000% gain

Investors drawn to cryptocurrencies can be forgiven for having an expectation of high returns, especially lately. After all, even as the S&P 500 Index more than doubled in the past five years, Bitcoin rocketed more than 80-fold — albeit with much of the rally occurring in the past year. “Memecoins” such as Dogecoin and Shiba … Read more

How Vietnam Is Fueling The Crypto Game Boom

How Vietnam Is Fueling The Crypto Game Boom

Vietnam is the home to Axie Infinity, the biggest crypto game that has gained massive popularity across Southeast Asia. As a result of its explosive growth, the demand for blockchain games in Vietnam, the Philippines, and Thailand is rapidly increasing. Cityscape of Ho Chin Minh Skyline. Ho Chi Minh City (Saigon). Vietnam. (Photo by: Godong/Universal … Read more